Capital Markets Event
Nexteq hosts capital markets event to present three-year strategic plan and organic growth targets through 2027.
- Revenue target (2027) $108m-$120m
- Gross margin target (2027) 35-38%
- EBITDA margin target (2027) 10-15%
- Gaming software solution revenue target (2027) $4-5m
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Capital
Nexteq (AIM: NXQ), a leading technology solutions provider to customers in selected industrial markets, will today host an in-person Capital Markets Event in London at 14:30 for institutional investors and equity research analysts to provide detail on the Group's three-year plan and strategic ambitions for the end of 2027.
The event will be hosted by the Group's recently appointed management team of Duncan Faithfull, CEO, and Matt Straight, CFO, as well as the plc Board members and founders, and will include presentations from senior leaders across the business. The presentations will showcase, through practical demonstrations, the Group's innovative new technology solutions which are being launched across Nexteq's focus markets.
The event will focus on Nexteq's strategy and execution plans to deliver on its three-year organic growth ambitions, targeting revenue of $108m-$120m, gross margin of 35-38% and 10-15% EBITDA1 margin by the end of 2027. This strategy will be delivered through the Group's granular understanding of its addressable markets, product innovation, deep customer relationships and careful cost management. Organic growth will be augmented by targeted bolt-on M&A to accelerate scale in key addressable market verticals.
Presentations will also cover topics, including:
- Organisational refocus as 'One Nexteq' providing solid foundations for the Group's next stage of growth, underpinned by excellent people
- A deeper understanding of Densitron and its key role within Nexteq's growth strategy
- The opportunity and growth drivers within Nexteq's key verticals of Gaming, Broadcast and Medical
- Creation of a new Gaming software solution, targeting $4-5m repeatable revenue by the end of 2027
- Ruthless execution of new product development to facilitate growth in the proportion of products with Nexteq IP
Post-event recording
For those unable to attend in person, a video and associated slides of the event will be made available on the Company's website after the event at Investor Hub - Nexteq plc.
[1] Adjusted EBITDA
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.